EN

JP
EN

Arizona Enacts Its First Cryptocurrency Reserve Law, Following New Hampshire

2025/05/08 14:08 (Updated 2025/05/12 21:03)

CoinPost

Written by Lewis Kikutani

SHARE

Arizona Enacts Its First Cryptocurrency Reserve Law, Following New Hampshire

Investments Itself Not Authorized

On the 8th, the Arizona State Legislature passed the 'HB2749' Cryptocurrency Reserve Law bill, which allows the state to hold assets such as Bitcoin (BTC) as reserves. The bill allows for the transfer of unclaimed assets, airdrops, and staking rewards managed by the state to the state-managed reserve (reserve) account, but prohibits the investment activity of purchasing Bitcoin with new state funds.

Last Friday, the state's Governor Hobbs exercised his veto power once on another bill 'SB1025' that would allow the state to purchase Bitcoin, and whether Arizona will officially allow the direct purchase of Bitcoin in the future is still pending with the unsigned bill 'SB1373...

SHARE

MAGAZINE

Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.